nemo paradise

About nemo paradise

Nemo has been perversely fascinated by finance since emergence from college as an English major with little or no math. His opinions, analysis and observations are generally subjective, and employ vast amounts of quantitative analysis the same way that an elephant turns savannahs into useful energy, with impressive piles of dung as a by-product. Nemo has been professionally employed in the trading and analysis of and commentary on financial markets since 1972. Nemo makes no short-term predictions, except when seized by caprice. The future is inherently unknowable, but is subject to analysis. Very, very infrequently, this analysis uncovers situations where outcomes are not random over the longer term. And, as you can tell, Nemo is a smug son of a bitch who has learned from his mistakes to guard his projections very, very carefully, but has no hesitation in attacking like a starving wolverine the misconceptions, idiotic assumptions and howling fallacies that financial pundits offer with stunning frequency.

Tonstant Weader Fwowed Up*
nemo paradise

Every once in a while I come across something that I can’t resist torturing Bill with. The criteria are: 1. It has to contain a fallacy of majestic scale — 2. Yet its legitimacy must be presented as obvious as … Continue reading

First they wanted your sidearm. Now they want your Sidecar.
nemo paradise

The mayor of San Francisco is worried about a Super Bowl celebration. And he knows just what the city should do to avoid the riots that marred last year’s Giants world series victory. According to CBS (via Drudge): Mayor Lee … Continue reading

Obama Care
nemo paradise

Welcome to the third world: A chaotic scene erupted when the crowd waiting for housing voucher distribution got out of control. Police say thousands of people from all over the area were at the center. Many were homeless, single moms, … Continue reading

It’s getting warmer, dammit! Now put on your long johns!
nemo paradise

Well, the world just keeps warming up. From the NY Times: Winter has come to the vast, northernmost reaches of Canada, the sparsely populated area surrounding the Arctic Circle historically characterized by severely cold weather. But these days refrigeration systems … Continue reading

Who said this?
nemo paradise

“When you all go home and you’re talking to your buddies and you say, ah ‘He wants to take my gun away.’ You’ve heard it here, I’m on television so everybody knows it. I believe in the Second Amendment. I … Continue reading